N LAMAR BLVD TX 00000
| Owner | KELSEY HOWARD LANE APARTMENT HOMES LP |
|---|---|
| Parcel ID | 0264230301 |
| Short ID | 527939 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 346,964 SF |
| Land SF | 1,019,933 SF |
| Acres | 23.414 |
| Year Built | 2022 |
| Legal | ABS 201 SUR 61 COLLINS T C ACR 23.647 |
| Neighborhood | 1NO3 |
| Land | $3,016,998 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,016,998 |
| Improvement | $64,015,086 |
|---|---|
| Total Improvement | $64,015,086 |
| Market | $67,032,084 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $67,032,084 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $67,032,084 |
| Taxable Value | $67,032,084 |
|---|
Appreciation: Market value has risen +2100.4% from $3,046,412 (2021) to $67,032,084 (2025), a CAGR of 116.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,493,599. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 5% of market value ($3,016,998 land vs $64,015,086 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $67,032,084, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +137.9% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,411,673,037 by 2031, with an estimated annual tax burden around $2,948,970. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 346,964 SF | ✓ |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $741,978.14 | $741,978.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $351,259.52 | $351,259.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $251,936.74 | $251,936.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $79,113.28 | $79,113.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $69,311.17 | $69,311.17 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $1,493,598.85 | $1,493,598.85 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $741,978.14 | 49.7% |
| CAT City of Austin | 0.5240% | $351,259.52 | 23.5% |
| TCO Travis County | 0.3758% | $251,936.74 | 16.9% |
| THD Travis Central Health | 0.1180% | $79,113.28 | 5.3% |
| ACT Austin Community College | 0.1034% | $69,311.17 | 4.6% |
| Total | 2.2282% | $1,493,598.85 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $97,155,300 | $67,032,084 | +44.9% |
| Assessed Value | $97,155,300 | $67,032,084 | +44.9% |
| Land Value | $3,016,998 | $3,016,998 | +0.0% |
| Improvement Value | $94,138,302 | $64,015,086 | +47.1% |
| Taxable Value | $97,155,300 | $67,032,084 | +44.9% |
| Total Tax 2026 = estimate |
~$2,164,800
Estimated
|
~$1,493,599
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $97,155,300 | $3,016,998 | $94,138,302 | — | $97,155,300 | $97,155,300 | Not yet — post-cert | Preliminary |
| 2025 | $67,032,084 | $3,016,998 | $64,015,086 | — | $67,032,084 | $67,032,084 | ~$1,493,599 | Partial |
| 2024 | $54,312,246 | $3,016,998 | $51,295,248 | — | $54,312,246 | $54,312,246 | $1,161,312 | Verified |
| 2023 | $6,841,847 | $3,030,447 | $3,811,400 | — | $6,841,847 | $6,841,847 | $140,648 | Verified |
| 2022 | $3,030,447 | $3,030,447 | — | — | $3,030,447 | $3,030,447 | $67,971 | Verified |
| 2021 | $3,046,412 | $3,046,412 | — | — | $3,046,412 | $3,046,412 | $76,251 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +44.9% | +44.9% | ~100% | Not available | Partial |
| 2025 | +23.4% | +23.4% | ~100% | Not available | Partial |
| 2024 | +693.8% ! | +693.8% | ~100% | No billing data | Verified |
| 2023 | +125.8% ! | +125.8% | ~100% | No billing data | Verified |
| 2022 | -0.5% | -0.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2100.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +44.9% | +177.5% | +138.0% | +693.8% | 2024 | -0.5% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,493,599 | $587,956 | ~$2,621,632 | $1,493,599 | 2025 | $67,971 | 2022 |
Market value changed by 126% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$231,183,294 | ~$106,870,830 | ~2.1595% | ~$2,307,861 | +138.0% |
| 2028 | ~$550,106,022 | ~$117,557,913 | ~2.0908% | ~$2,457,887 | +466.2% |
| 2029 | ~$1,308,990,065 | ~$129,313,704 | ~2.0221% | ~$2,614,839 | +1247.3% |
| 2030 | ~$3,114,772,282 | ~$142,245,075 | ~1.9534% | ~$2,778,602 | +3106.0% |
| 2031 | ~$7,411,673,037 | ~$156,469,582 | ~1.8847% | ~$2,948,970 | +7528.7% |
| 2027 | ~$229,240,188 | ~$106,870,830 | ~2.2282% | ~$2,381,280 | +136.0% |
| 2028 | ~$540,897,552 | ~$117,557,913 | ~2.2282% | ~$2,619,408 | +456.7% |
| 2029 | ~$1,276,260,346 | ~$129,313,704 | ~2.2282% | ~$2,881,349 | +1213.6% |
| 2030 | ~$3,011,365,949 | ~$142,245,075 | ~2.2282% | ~$3,169,483 | +2999.5% |
| 2031 | ~$7,105,387,946 | ~$156,469,582 | ~2.2282% | ~$3,486,432 | +7213.4% |
| 2027 | ~$233,126,400 | ~$106,870,830 | ~2.1251% | ~$2,271,152 | +140.0% |
| 2028 | ~$559,392,216 | ~$117,557,913 | ~2.0221% | ~$2,377,126 | +475.8% |
| 2029 | ~$1,342,274,623 | ~$129,313,704 | ~1.9190% | ~$2,481,584 | +1281.6% |
| 2030 | ~$3,220,819,155 | ~$142,245,075 | ~1.8160% | ~$2,583,162 | +3215.1% |
| 2031 | ~$7,728,430,420 | ~$156,469,582 | ~1.7129% | ~$2,680,240 | +7854.7% |
In 2025, this property's market value of $67,032,084 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 129× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $67,032,084 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $54,312,246 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $6,841,847 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $3,030,447 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $3,046,412 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |